Professional Code of Ethics





RESPONSIBILITIES TO THE PROFESSION

Knowledge: I shall strive to keep current with developments in any area of the profession, especially where specific expertise is needed

Self-Discipline: I recognize the self-disciplinary nature of the profession as a privilege and I maintain the responsibility to merit retention of this privilege.

RESPONSIBILITIES TO OTHERS

Image: [1] I shall behave in a manner that maintains the good reputation of my profession [2] I shall avoid activities that adversely affect the quality of professional advice [3] I may not carry on business that clearly detracts from my professional status.

Due Care: [1] I shall act in the best interest of the client, providing professional services with integrity, objectivity and independence [2] I shall not encourage unrealistic client expectations.

RESPONSIBILITY TO CLIENTS

Business Development: I shall not adopt any method of obtaining business that detracts from my professional image. 

Competence: I shall accept only those assignments that I have the knowledge and skill to perform.

Mutual Understanding: I shall, before accepting an assignment, reach a mutual understanding with the client as to the assignment (objectives, scope, work plan, costs).

Fee Arrangement: I shall establish fee arrangements with a client in advance of any substantive work. I shall not enter into fee arrangements that have the potential to compromise my integrity or the quality of my services. 

Conflict: I shall avoid acting simultaneously for two or more clients in potentially conflicting situations without informing all parties in advance and securing their agreement to the arrangement.

Confidentiality: I shall treat all client information as confidential.

Objectivity: I shall refrain from serving a client under terms or conditions that impair independence and I shall reserve the right to withdraw from the assignment if such becomes the case.

Legal: I shall act in accordance with the applicable legislation and laws.

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